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Q:Why tech stocks are up today?

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  #1  
Old 30th November 2007, 09:46 PM
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Default Q:Why tech stocks are up today?

Members,

What is the reason behind todays upmove by tech stocks?

Thanks in advance,
Vijay
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  #2  
Old 30th November 2007, 11:43 PM
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Default Re: Q:Why tech stocks are up today?

Quote:
Originally Posted by smvijaykumar View Post
Members,

What is the reason behind todays upmove by tech stocks?

Thanks in advance,
Vijay
Because more people were buyng than they were selling
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  #3  
Old 30th November 2007, 11:58 PM
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Default Re: Q:Why tech stocks are up today?

Quote:
Originally Posted by CreditViolet View Post
Because more people were buyng than they were selling

hey!!!! cool,

you're a genius, what.

whats the idea, mate?
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  #4  
Old 1st December 2007, 12:34 AM
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Default Re: Q:Why tech stocks are up today?

because
1. see value of rupees vs $
2. Technicallly they have become oversold
3 There should be appropriate high price to short it again
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  #5  
Old 1st December 2007, 10:06 AM
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Default Re: Q:Why tech stocks are up today?

Dead cat bounce, methinks.
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  #6  
Old 1st December 2007, 08:19 PM
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Default Re: Q:Why tech stocks are up today?

Quote:
Originally Posted by AmoghG View Post
Dead cat bounce, methinks.
you can say HEXAWARE scrip bounce as dead cat bounce not these TECH stocks

am i correct?

regards
suba
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  #7  
Old 1st December 2007, 10:11 PM
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Default Re: Q:Why tech stocks are up today?

Quote:
Originally Posted by biggles View Post
hey!!!! cool,

you're a genius, what.

whats the idea, mate?
biggles,

In any day ( EoD Time frame ) ,can any of us definetly conclude why that stock or sector moved Up / Down ,in comparision to it's earlier day ,an opposite move ,other than the simple reason provided above.
If we can judge the exact movement of that stock or sector ;prior to 9.56 am we can definetly make money in intraday ,trading on that stock.
If only we can know beforehand whether it is going to be a White or Black candle that day then our prime objective would have been to Buy below Open OR Sell above Open at 9.58 & go away from the screen with no SL & return at 3.28,yarr then even my barber / aunt all would have been very rich by now becoz they would only increase the Time Frame to weekly & Monthly & take all type of Loan & Mortgage to invest.

Asish
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  #8  
Old 3rd December 2007, 09:40 PM
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Default Re: Q:Why tech stocks are up today?

Any news about TCS?
Its doing better than INFOSYS.

-Vijay
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